Bill Status of HB 1892   104th General Assembly


Short Description:  INC TX-DIGITAL MEDIA CREDIT

House Sponsors
Rep. Margaret Croke

Last Action  View All Actions

DateChamber Action
  1/29/2025HouseReferred to Rules Committee

Statutes Amended In Order of Appearance
New Act
35 ILCS 5/246 new

Synopsis As Introduced
Creates the Interactive Digital Media Tax Credit Act. Entitles interactive digital media companies that meet certain requirements to an income tax credit. Sets forth the amount of the credit. Authorizes taxpayers to take the credit beginning in the taxable year in which the company has met the investment requirement. Provides for the transfer of credits. Amends the Illinois Income Tax Act to make conforming changes. Effective immediately.

Actions 
DateChamber Action
  1/29/2025HouseFiled with the Clerk by Rep. Margaret Croke
  1/29/2025HouseFirst Reading
  1/29/2025HouseReferred to Rules Committee

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